乘用车车企新能源与油耗双积分办法发布实施以来，与相关政策协同，有力促进了我国汽车行业节能减排，保障了新能源汽车产业快速发展。此次政 策修订也是加速发挥政策效力，实现积分管理更有约束力的举措，对行业的技术积累和加速新能源转型的促进效果将逐步体现。 1、双积分政策修订要点2026年48%和2027年58% | | 新能源零售 | | 25.10月 25年累 24年 23年 22年 21年 | | | 20年 19.年 18.年 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 渗 | 豪华 | 22.2% 28.5% 28.8% | 25.9% 20.1% | | | 14.6% 7.0% | 1.5% | 1.2% | | 透 | 主流合资 | 7.0% 5.9% | 6.7% | 5.3% | 4.3% | 2.3% 1 1 04 | 1 0.8% | 0.1% | | 率 | 自主 | 77.9% 74.0% 70.0% | | 58.4% | 49.1% | 28.9% 2.2% 1.8% 10.7% | | | | | 总体 ...

Industry Information - As of the end of 2024, the installed capacity of new energy storage will account for over 40% of the global total installed capacity, reaching 73.76 million kilowatts or 168 million kilowatt-hours, which is 20 times that of 2020 [9][10] - China's combination driving assistance technology has reached an international leading level, with a market penetration rate of 62.58% for passenger cars equipped with such systems [8] - The global installed capacity of power batteries increased by 35% year-on-year in the first three quarters of 2025, with China leading significantly [10][15] - In October, the domestic power battery installation volume reached 84.1 GWh, a year-on-year increase of 42.1% [15] - The first "all-in-one battery hospital" has been established in Yibin, focusing on intelligent testing and verification of battery performance [14][17] - The global automotive roll-on/roll-off capacity at Shanghai Port continues to expand, with a significant increase in the volume of electric vehicles being shipped [8] Policy Information - The Ministry of Industry and Information Technology has set the new energy vehicle credit ratio requirements at 48% for 2026 and 58% for 2027 [25] - The State Council has issued opinions to accelerate the cultivation of new application scenarios for clean energy vehicles in various sectors [27] - The implementation of the 2025 automobile scrapping and updating subsidy policy has been suspended in several provinces, including Hubei and Beijing [28][33] - Inner Mongolia aims for 35% of new cars to be new energy vehicles by 2027 [34] Company Information - CATL has begun mass production of its fifth-generation lithium iron phosphate battery, achieving breakthroughs in energy density and cycle life [12][21] - Harmony Auto has received a strategic investment of $40 million (approximately 284 million RMB) for its overseas new energy vehicle business platform [11] - BYD's total installed capacity of power batteries and energy storage batteries has exceeded 230 GWh as of October [15] - Xpeng Motors' Guangzhou factory has entered the trial production phase, aiming for mass production of flying cars [22]

Industry News - The Ministry of Industry and Information Technology has set the new energy vehicle credit ratio requirements for 2026 and 2027 at 48% and 58% respectively, with specific relaxations for small-scale manufacturers [1] - Tianmu Xiandao plans to invest 5 billion yuan to build a silicon-carbon anode material production base in Ordos, with an expected annual output value of 10 billion yuan upon completion [2] - Shangtai Technology reported a 23.01% year-on-year increase in net profit for the first three quarters of 2025, and plans to invest approximately 4.07 billion yuan to build a new anode material project [3] Lithium Carbonate Market - The domestic lithium carbonate market remains strong, with futures prices reaching 88,000 yuan per ton, and expectations of approaching 90,000 yuan per ton in the short term due to stable production and good demand [5] - As of November 13, the price range for battery-grade lithium carbonate is 80,500-82,500 yuan per ton, while industrial-grade is 79,000-80,000 yuan per ton [6] Three-element Materials Market - The three-element materials market shows stable demand, with slight price increases due to rising lithium salt prices [6][7] - As of November 13, the price for single crystal 5 series three-element materials is 154,000-158,000 yuan per ton, and for 8 series 811 type is 162,000-167,000 yuan per ton [7] Phosphate Lithium Market - The demand for phosphate lithium remains strong, with leading companies operating at full capacity, and expectations for price increases in the coming year [7][8] - As of November 13, the price for phosphate lithium power type is 34,500-36,000 yuan per ton, and for energy storage type is 33,600-34,300 yuan per ton [8] Anode Materials Market - The domestic anode materials market maintains high operating rates, with some leading companies raising prices by 10% due to strong demand and raw material prices remaining firm [9][10] - As of November 13, the price for high-end natural graphite anode materials is 50,000-65,000 yuan per ton, while for artificial graphite it ranges from 31,800 to 64,800 yuan per ton [10] Separator Market - The separator market remains stable, with a consensus among companies to delay expansion plans, leading to expectations of tight supply in the coming year [11] - As of November 13, the price for 9μm wet separator is 0.55-0.975 yuan per square meter, and for 16μm dry separator is 0.35-0.5 yuan per square meter [11] Electrolyte Market - The electrolyte market shows good sales performance, with a 3% month-on-month increase in November, driven by rising costs due to the increase in 6F prices [12][13] - As of November 13, the price for lithium hexafluorophosphate electrolyte is 145,000-158,000 yuan per ton [13] Battery Market - The domestic lithium battery market operates at high capacity, with expectations for stable or slightly increased production leading up to the end of the year [14] - As of November 13, the price for square three-element power cells is 0.4-0.46 yuan/Wh, and for square phosphate lithium power cells is 0.26-0.355 yuan/Wh [14] New Energy Vehicle Market - From November 1-9, retail sales of passenger vehicles reached 415,000 units, down 19% year-on-year, while new energy vehicle sales were 265,000 units, down 5% year-on-year [15] - Cumulative exports of new energy vehicles from January to October reached 2.014 million units, a year-on-year increase of 90.4% [15] Energy Storage Developments - A strategic cooperation agreement was signed between Haibo Innovation and CATL for a ten-year partnership, with a commitment to purchase no less than 200GWh of batteries from 2026 to 2028 [16] - New energy storage cell products were launched at the 2025 Global Partner Conference, indicating a competitive landscape among various manufacturers [16]

Group 1: Trade and Economic Policies - Mexico has postponed its plan to impose high tariffs on Chinese imports until at least December due to opposition from the private sector and members of the ruling party [2] - China advocates for inclusive economic globalization and opposes unilateralism and protectionism [2] Group 2: Automotive Industry Developments - The Ministry of Industry and Information Technology has set the new energy vehicle credit ratio requirements for 2026 and 2027 at 48% and 58% respectively, with a 50% reduction in the average score for standard models compared to the previous phase [3] - Beijing has announced the suspension of the vehicle scrapping and renewal subsidy policy effective from November 11 [4] - Changan Automobile has responded to consumer complaints regarding vehicle purchase disputes, clarifying that the involved intermediary has no cooperation with them [13] Group 3: Corporate Actions and Changes - SoftBank has sold all its shares in NVIDIA, cashing out $5.8 billion to invest in artificial intelligence [5] - Key personnel from Tesla's Cybertruck and Model Y projects have announced their departures after over eight years with the company [6] - Elliott Management has acquired shares in Toyota Industries and criticized the proposed privatization offer as undervalued at ¥16,300 per share [7] - Former Intel CTO Sachin Katti has joined OpenAI to work on infrastructure for general artificial intelligence [8] Group 4: Product and Service Updates - Huawei has launched a limited-time discount on its high-end driving assistance package, reducing the price from 499 yuan to 299 yuan, a nearly 40% decrease [11] - Xiaomi's upcoming model SU7 is rumored to have a price increase of 0.99 million yuan and 12 configuration upgrades, although the company has not confirmed any official announcements [10]

每经记者｜董天意 实习生 张艺彤 每经编辑｜余婷婷 | 2025年11月12日 星期三 | NO.1中汽协：10月我国新能源汽车销量首次超过总销量50% 11月11日，中国汽车工业协会发布最新数据显示，今年1至10月份，我国汽车产销量分别完成2769.2万 辆和2768.7万辆，同比增长均超过10%。其中，新能源汽车产销量分别完成1301.5万辆和1294.3万辆， 同比分别增长33.1%和32.7%。值得注意的是，10月份新能源汽车月度新车销量，首次超过了汽车新车 总销量的50%，达到51.6%。 11月10日，广汽集团与宁德时代正式签署全面战略合作协议，开启为期十年的长期合作。双方将充分发 挥在智造、技术、资源与市场等方面的优势，构建体系化生态圈与协同发展新格局。具体而言，双方会 加强智能底盘、换电等领域的研发合作，助力广汽乘用车打造有竞争力的新能源汽车产品；同时，还将 在电池租赁、联合建站等业务领域开展长期深度合作，推动行业新发展。 点评：广汽集团与宁德时代达成十年战略合作，预示着电动车市场的重要布局。这一合作将在智能底盘 和电池租赁等领域深入推进，进一步提升广汽在新能源汽车领域的竞争力，促进整个电动车 ...

除了在积分比例上做出调整，此次《通知》的最大亮点在于调整了新能源车型技术指标要求。 纯电动乘用车车型积分计算的公式中，新增了低温续驶里程调整系数，对低温续驶里程相比电动汽车续 驶里程(工况法)下降率低于35%的纯电动车型，给予1.2倍的鼓励系数。 对于燃料电池汽车的技术要求，需要与现行的产业政策技术条件协同，要求纯氢续航里程不低于 300km，燃料电池系统额定功率不低于驱动电机额定功率的50%且不小于50kW。同时新增两项要求， 包括燃料电池系统启动温度不高于-30℃，燃料电池堆额定功率密度不低于3.0kW/L，系统额定功率密度 不低于400W/kg。 业内专家认为，这些技术指标要求，有助于引导车企积极改进提升产品，特别是提升新能源汽车在低温 条件下的运行。 为适应节能与新能源汽车产业发展需要，按照《乘用车企业平均燃料消耗量与新能源汽车积分并行管理 办法》等要求，工业和信息化部近日印发《关于2026—2027年度乘用车企业平均燃料消耗量与新能源汽 车积分管理有关事项的通知》(下称《通知》)，明确2026—2027年度新能源汽车积分比例、新能源汽车 车型积分计算方法等要求。 通知主要调整包括三方面：一是明确新能 ...

Domestic News - The new energy vehicle credit ratio requirements for 2026 and 2027 are set at 48% and 58% respectively, with specific relaxations for small manufacturers based on fuel consumption reductions [3] - Starting from November 10, 2025, Shanxi province will implement a public lottery system for applying for vehicle scrapping and renewal subsidies, requiring consumers to obtain qualification through a notarized lottery [4] - From January to September 2025, Hunan province's exports of high-end equipment, including rail transit equipment, increased by 31% year-on-year, with electric vehicles and lithium batteries seeing a 77.4% increase [5] - GAC Group has signed a capital increase agreement with Honda, raising the registered capital of GAC Honda from $541 million to $867.22 million [6] - NIO's Firefly model will connect to NIO's fifth-generation battery swap stations, with plans for a larger battery pack that offers a 50% increase in capacity [8] - FAW Audi has signed a strategic cooperation memorandum with Zhejiang Deao Automotive Group, focusing on dealer channel development and new media collaboration [9] - The iCAR V23, a pure electric SUV, was unveiled in Malaysia with a starting price of 145,000 to 155,000 Malaysian Ringgit (approximately 248,300 to 262,600 RMB) [10] - Baidu's autonomous driving service, "萝卜快跑," has launched its first large-scale fully autonomous operation in Abu Dhabi, following a strategic partnership with AutoGo [11] International News - Japan's new car sales in October 2025 decreased by 1.8% year-on-year, marking the fourth consecutive month of decline after a recovery in the first half of the year [12] - Skoda plans to expand its factory in Vietnam to start producing electric vehicles, enhancing local production capabilities [13] - Subaru is reassessing its nearly $100 billion electrification investment plan, aiming for annual cost savings of 200 billion yen by 2030 to offset U.S. import tariffs [14] - France has successfully tested the world's first dynamic induction charging highway, achieving instantaneous charging power of 300 kW and an average of 200 kW [15] Commercial Vehicles - The Jianghuai 1 Card Kunpeng ET9 was launched at the Wuhan International Commercial Vehicle Exhibition, featuring innovative technologies aimed at logistics efficiency [16] - Zero One unveiled its electric heavy truck "Jingzhe Leizhenzi," which boasts advanced energy efficiency and performance enhancements [17] - Dongfeng Light Vehicles announced a new brand and strategy focused on high-end products and rapid development of new energy vehicles, aiming to lead the market by 2027 [18] - The new commercial vehicle brand "Zaihe" made its debut at the exhibition, showcasing a range of innovative models designed for various logistics needs [19]

11月10日晚间必读： 2、工信部发布通知，明确2026年度、2027年度新能源汽车积分比例要求分别为48%和58%，进一步推动新能源汽车产业发展； 3、商务部回应美方暂停实施对华造船等行业301调查措施，称这是落实中美吉隆坡经贸磋商共识的重要一步，中方已相应暂停相关反制措施，期待共同维护 国际航运和造船市场公平竞争环境； 4、国家发展改革委、国家能源局发布促进新能源消纳和调控的指导意见，提出到2030年满足全国每年新增2亿千瓦以上新能源合理消纳需求，助力实现碳达 峰目标； 5、乘联分会数据显示，10月新能源乘用车批发销量达162.1万辆，同比增长18.5%，环比增长8.5%，1-10月累计批发1205.8万辆，增长29.9%。 二、资本市场： 1、美股科技股表现强劲，纳斯达克综合指数涨2%，美光科技涨逾7%，AMD涨超4%，英伟达、谷歌涨逾3%，带动全球科技板块情绪，A股半导体、AI等科 技相关板块或受提振； 2、现货黄金向上触及4100美元/盎司，日内涨2.5%，创10月27日以来首次，黄金资产配置需求升温，利好山东黄金、中金黄金等黄金概念股； 3、国泰海通首席策略刷屏，4000点已经实现，2026年中国 ...

（文章来源：第一财经） 工信部发布关于2026—2027年度乘用车企业平均燃料消耗量与新能源汽车积分管理有关事项的通知， 2026年度、2027年度的新能源汽车积分比例要求分别为48%和58%。对核算年度生产量2000辆以下并且 生产、研发和运营保持独立的境内乘用车生产企业，进口量2000辆以下的获境外乘用车生产企业授权的 进口乘用车供应企业，企业平均燃料消耗量较上一年度下降达到4%以上的，其达标值在《乘用车燃料 消耗量评价方法及指标》（GB27999）规定的企业平均燃料消耗量要求基础上放宽60%；下降2%以上 不满4%的，其达标值放宽30%。 ...

Core Viewpoint - The article discusses the establishment of a new automotive industry standard for satellite positioning chips, aimed at enhancing the accuracy and reliability of vehicle positioning systems, which are essential for smart connected vehicle functionalities [5][6]. Group 1: Automotive Satellite Positioning Chip Standard - The draft standard for "Automotive Satellite Positioning Chip Technical Requirements and Testing Methods" has been released for public consultation, with a deadline for feedback set for August 12, 2025 [3][5]. - The standard includes five main chapters and seven appendices, covering technical requirements and testing methods for automotive satellite positioning chips [5][6]. - The standard aims to address the lack of existing standards for satellite positioning chips in both domestic and international automotive sectors, with the Ministry of Industry and Information Technology planning to officially issue the standard by December 2024 [5][6]. Group 2: Fuel Consumption and New Energy Vehicle Points - The announcement from the Ministry of Industry and Information Technology reveals that 117 domestic passenger car manufacturers produced/imported a total of 23.189 million vehicles in 2024, with an average fuel consumption of 3.31 liters per 100 kilometers [9][10]. - Among the domestic manufacturers, the average fuel consumption was reported at 3.21 liters per 100 kilometers, while imported vehicles had a significantly higher average of 7.58 liters per 100 kilometers [10]. - The total positive points for fuel consumption were 52.852 million, while negative points amounted to 5.847 million, indicating a net positive performance in fuel efficiency across the industry [9][10].